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Targa Resources (TRGP)
NYSE:TRGP
Total Valuation
Targa Resources has a market cap or net worth of $34.81B. The enterprise value is $50.67B.
Market Cap$34.81B
Enterprise Value$50.67B
Share Statistics
Targa Resources has 216,931,850 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding216,931,850
Owned by Insiders1.51%
Owned by Institutions19.65%
Financial Efficiency
Targa Resources’s return on equity (ROE) is 0.49 and return on invested capital (ROIC) is 10.83%.
Return on Equity (ROE)0.49
Return on Assets (ROA)0.06
Return on Invested Capital (ROIC)10.83%
Return on Capital Employed (ROCE)0.14
Revenue Per Employee4.86M
Profits Per Employee460.98K
Employee Count3,370
Asset Turnover0.72
Inventory Turnover36.27
Valuation Ratios
The current PE Ratio of Targa Resources is 30.73. Targa Resources’s PEG ratio is -4.81.
PE Ratio30.73
PS Ratio0.00
PB Ratio14.18
Price to Fair Value15.16
Price to FCF54.13
Price to Operating Cash Flow9.33
PEG Ratio-4.81
Income Statement
In the last 12 months, Targa Resources had revenue of 16.38B and earned 1.28B in profits. Earnings per share was 5.77.
Revenue16.38B
Gross Profit4.26B
Operating Income2.70B
Pretax Income1.94B
Net Income1.28B
EBITDA4.14B
Earnings Per Share (EPS)5.77
Cash Flow
In the last 12 months, operating cash flow was 3.73B and capital expenditures -3.09B, giving a free cash flow of 639.50M billion.
Operating Cash Flow3.73B
Free Cash Flow639.50M
Free Cash Flow per Share2.95
Dividends & Yields
Targa Resources pays an annual dividend of $1, resulting in a dividend yield of 2.02%
Dividend Per Share$1
Dividend Yield2.02%
Payout Ratio59.31%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.89
52-Week Price Change41.64%
50-Day Moving Average175.24
200-Day Moving Average175.16
Relative Strength Index (RSI)41.29
Average Volume (3m)2.09M
Important Dates
Targa Resources upcoming earnings date is Jul 31, 2025, TBA Not Confirmed.
Last Earnings DateMay 1, 2025
Next Earnings DateJul 31, 2025
Ex-Dividend DateApr 30, 2025
Financial Position
Targa Resources as a current ratio of 0.72, with Debt / Equity ratio of 661.17%
Current Ratio0.72
Quick Ratio0.62
Debt to Market Cap0.35
Net Debt to EBITDA3.41
Interest Coverage Ratio3.51
Taxes
In the past 12 months, Targa Resources has paid 384.50M in taxes.
Income Tax384.50M
Effective Tax Rate0.20
Enterprise Valuation
Targa Resources EV to EBITDA ratio is 12.91, with an EV/FCF ratio of 78.10.
EV to Sales3.26
EV to EBITDA12.91
EV to Free Cash Flow78.10
EV to Operating Cash Flow14.64
Balance Sheet
Targa Resources has $151.40M in cash and marketable securities with $16.21B in debt, giving a net cash position of $16.06B billion.
Cash & Marketable Securities$151.40M
Total Debt$16.21B
Net Cash$16.06B
Net Cash Per Share$74.02
Tangible Book Value Per Share$11.08
Margins
Gross margin is 22.22%, with operating margin of 16.45%, and net profit margin of 7.81%.
Gross Margin22.22%
Operating Margin16.45%
Pretax Margin11.83%
Net Profit Margin7.81%
EBITDA Margin25.27%
EBIT Margin16.51%
Analyst Forecast
The average price target for Targa Resources is $207.19, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$207.19
Price Target Upside29.12% Upside
Analyst ConsensusStrong Buy
Analyst Count16
Revenue Growth Forecast6.05%
EPS Growth Forecast11.64%